Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 225000
per

Your estimated
City
free-cash

Dresden , Germany
₽95215
₽109697
₽84764
₽81179
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 456
trade
-
-
-
28 518
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 042
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 182
total
-
-
-
115 198
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

36 144
-
225 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 456
-
6 456
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

1 010
-
76 042
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

56
-
4 182
-
total
7 522
-
86 680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 856
225 000
-
-
income
28 328
33 749
-
-
chamber of commerce
414
466
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 558
1 856
-
-
trade
29 745
35 437
-
-
total
60 045
71 508
-
-
Dividends
128 810
153 491
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 752
2 091
-
-
withholding
31 843
38 014
-
-
total
33 595
40 105
-
-
Income
225 000
225 000
225 000
225 000
Total tax
101 162
111 613
86 680
115 198
After tax
123 838
113 387
138 320
109 802
Living cost
28 623
28 623
28 623
28 623
Free-cash
95 215
84 764
109 697
81 179

Estimated living cost  is ₽28623 per week

₽18004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽90354
₽79680
₽91173
₽78472
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
2 419
municipal
-
-
-
25 031
pensions
-
-
-
27 000
national
-
-
-
42 851
total
-
-
-
97 301
Employee
76 311
-
194 510
-
pensions
3 052
-
7 780
-
municipal
9 426
-
25 902
-
national
14 606
-
44 759
-
total
27 084
-
78 441
-
Employer
76 311
-
194 510
-
pensions
6 105
-
15 561
-
social contributions
820
-
2 091
-
total
6 925
-
17 652
-
Corporate
136 728
225 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

27 346
45 000
-
-
total
27 346
45 000
-
-
Dividends
109 382
180 000
-
-
withholding
24 064
39 600
-
-
total
24 064
39 600
-
-
Income
225 000
225 000
225 000
225 000
Total tax
85 419
84 600
96 093
97 301
After tax
139 581
140 400
128 907
127 699
Living cost
49 227
49 227
49 227
49 227
Free-cash
90 354
91 173
79 680
78 472

Estimated living cost  is ₽49227 per week

₽33459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽152589
₽78817
₽160340
₽63013
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
225 000
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
36 206
income
-
-
-
48 745
surtax
-
-
-
57 376
microenterprise
-
-
-
-
total
-
-
-
142 327
Employee
27 613
-
178 260
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 038
-
12 388
-
income
4 915
-
41 548
-
surtax
-
-
25 848
-
total
7 953
-
79 784
-
Employer
27 613
-
178 260
-
surtax
-
-
19 609
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

6 651
-
27 130
-
total
6 651
-
46 739
-
Corporate
190 736
225 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

38 147
45 000
-
-
total
38 147
45 000
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

152 590
180 000
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
52 751
45 000
126 523
142 327
After tax
172 249
180 000
98 477
82 673
Living cost
19 660
19 660
19 660
19 660
Free-cash
152 589
160 340
78 817
63 013

Estimated living cost  is ₽19660 per week

₽12542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽66892
₽104290
₽72682
₽80558
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
11 653
income
-
-
-
82 131
pensions
-
-
-
11 072
total
-
-
-
104 856
Employee
80 697
80 697
207 438
-
pensions
14 526
11 072
11 072
-
health
12 386
10 535
11 653
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

13 209
13 209
40 838
-
total
40 121
34 816
63 563
-
Employer
80 697
80 697
207 438
-
pensions
5 617
5 617
6 981
-
health
5 609
5 609
6 970
-
unemployment
2 905
2 905
3 610
-
total
14 131
14 131
17 561
-
Corporate
131 162
130 172
-
-
income
26 232
26 035
-
-
total
26 232
26 035
-
-
Dividends
104 930
104 137
-
-
income
22 298
22 129
-
-
withholding
15 740
15 621
-
-
total
38 038
37 750
-
-
Income
225 000
225 000
225 000
225 000
Total tax
118 522
112 732
81 124
104 856
After tax
106 478
112 268
143 876
120 144
Living cost
39 586
39 586
39 586
39 586
Free-cash
66 892
72 682
104 290
80 558

Estimated living cost  is ₽39586 per week

₽28054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7334
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽83352
₽72609
₽84218
₽73545
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
169
health
-
-
-
5 283
municipal
-
-
-
59 781
pensions
-
-
-
9 152
other
-
-
-
9 838
unemployment
-
-
-
85
national
-
-
-
28 515
total
-
-
-
112 823
Employee
55 046
-
198 398
-
municipal
16 415
-
59 162
-
national
-
-
27 996
-
total
16 415
-
87 158
-
Employer
55 046
-
198 398
-
pensions
5 950
-
9 152
-
other
6 396
-
9 838
-
health
3 385
-
5 207
-
unemployment
1 453
-
2 235
-
accident
110
-
169
-
total
17 294
-
26 601
-
Corporate
152 658
225 000
-
-
income
33 585
49 500
-
-
total
33 585
49 500
-
-
Dividends
119 073
175 500
-
-
withholding
35 722
52 650
-
-
total
35 722
52 650
-
-
Income
225 000
225 000
225 000
225 000
Total tax
103 016
102 150
113 759
112 823
After tax
121 984
122 850
111 241
112 177
Living cost
38 632
38 632
38 632
38 632
Free-cash
83 352
84 218
72 609
73 545

Estimated living cost  is ₽38632 per week

₽25603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽88383
₽101197
₽75106
₽71413
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 456
trade
-
-
-
29 784
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 042
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 182
total
-
-
-
116 464
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

47 922
-
225 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 456
-
6 456
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

4 117
-
76 042
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

226
-
4 182
-
total
10 799
-
86 680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 078
225 000
-
-
income
26 562
33 749
-
-
chamber of commerce
395
463
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 462
1 856
-
-
trade
29 130
37 013
-
-
total
57 549
73 081
-
-
Dividends
119 530
151 919
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 623
2 069
-
-
withholding
29 523
37 621
-
-
total
31 146
39 690
-
-
Income
225 000
225 000
225 000
225 000
Total tax
99 494
112 771
86 680
116 464
After tax
125 506
112 229
138 320
108 536
Living cost
37 123
37 123
37 123
37 123
Free-cash
88 383
75 106
101 197
71 413

Estimated living cost  is ₽37123 per week

₽24828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽129380
₽118385
₽133299
₽120207
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
15 289
health
-
-
-
5 737
income
-
-
-
53 117
total
-
-
-
74 143
Employee
72 664
72 664
212 926
-
health
723
1 236
3 621
-
social contributions
3 531
6 031
8 134
-
income
7 630
6 727
52 136
-
total
11 884
13 994
63 891
-
Employer
72 664
72 664
212 926
-
health
787
1 345
3 940
-
social contributions
3 531
6 031
8 134
-
total
4 318
7 376
12 074
-
Corporate
178 147
144 960
-
-
income
22 269
18 119
-
-
total
22 269
18 119
-
-
Dividends
155 879
126 841
-
-
withholding
26 499
21 562
-
-
total
26 499
21 562
-
-
Income
225 000
225 000
225 000
225 000
Total tax
64 970
61 051
75 965
74 143
After tax
160 030
163 949
149 035
150 857
Living cost
30 650
30 650
30 650
30 650
Free-cash
129 380
133 299
118 385
120 207

Estimated living cost  is ₽30650 per week

₽20953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽109310
₽113111
₽108949
₽138545
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
15 750
income
-
-
-
27 506
pensions
-
-
-
22 500
unemployment
-
-
-
3 375
total
-
-
-
69 131
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 008
9 953
188 285
-
unemployment
375
149
2 824
-
pensions
2 501
995
18 828
-
health
1 751
697
13 180
-
income
3 057
1 217
23 018
-
total
7 684
3 058
57 850
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

25 008
9 953
188 285
-
pensions
4 877
1 941
36 715
-
total
4 877
1 941
36 715
-
Corporate
195 116
213 106
-
-
income
17 560
19 180
-
-
total
17 560
19 180
-
-
Dividends
177 555
193 927
-
-
social contributions
34 510
37 702
-
-
withholding
33 735
36 846
-
-
total
68 245
74 548
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 366
98 727
94 565
69 131
After tax
126 634
126 273
130 435
155 869
Living cost
17 324
17 324
17 324
17 324
Free-cash
109 310
108 949
113 111
138 545

Estimated living cost  is ₽17324 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽151305
₽106863
₽157175
₽97775
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
29 250
income
-
-
-
30 150
pensions
-
-
-
45 000
total
-
-
-
104 400
Employee
26 808
-
168 160
-
unemployment
429
-
2 690
-
pensions
536
-
3 362
-
income
3 018
-
32 422
-
total
3 983
-
38 474
-
Employer
26 808
-
168 160
-
pensions
5 362
-
33 633
-
health
3 484
-
21 860
-
unemployment
215
-
1 345
-
total
9 061
-
56 838
-
Corporate
189 131
225 000
-
-
income
37 826
45 000
-
-
total
37 826
45 000
-
-
Dividends
151 306
180 000
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
50 870
45 000
95 312
104 400
After tax
174 130
180 000
129 688
120 600
Living cost
22 825
22 825
22 825
22 825
Free-cash
151 305
157 175
106 863
97 775

Estimated living cost  is ₽22825 per week

₽15655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽15014
₽103299
-₽2708
₽132671
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
240
health
-
-
-
2 075
income
-
-
-
64 769
pensions
-
-
-
3 959
other
-
-
-
353
total
-
-
-
71 396
Employee
32 928
-
206 029
-
pensions
3 708
-
7 259
-
health
3 770
-
23 590
-
income
4 517
-
50 947
-
total
11 995
-
81 796
-
Employer
32 928
-
206 029
-
pensions
5 354
-
10 483
-
unemployment
807
-
5 048
-
accident
550
-
3 441
-
total
6 711
-
18 972
-
Corporate
185 361
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

166 825
202 500
-
-
total
166 825
202 500
-
-
Dividends
18 536
22 500
-
-
withholding
3 522
4 275
-
-
total
3 522
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
189 053
206 775
100 768
71 396
After tax
35 947
18 225
124 232
153 604
Living cost
20 932
20 932
20 932
20 932
Free-cash
15 014
-2 708
103 299
132 671

Estimated living cost  is ₽20932 per week

₽15342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽204549
₽172252
₽206002
₽215002
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
225 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 250
total
-
-
-
2 250
Employee
9 684
-
225 000
-
income
1 937
-
45 000
-
total
1 937
-
45 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

215 316
225 000
-
-
total
-
-
-
-
Dividends
215 316
225 000
-
-
withholding
10 766
11 250
-
-
total
10 766
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
12 703
11 250
45 000
2 250
After tax
212 297
213 750
180 000
222 750
Living cost
7 748
7 748
7 748
7 748
Free-cash
204 549
206 002
172 252
215 002

Estimated living cost  is ₽7748 per week

₽4801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽133744
₽110012
₽140129
₽111842
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
6 323
income
-
-
-
40 342
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
34 488
other
-
-
-
6 825
total
-
-
-
87 978
Employee
34 311
-
188 430
-
unemployment
343
-
1 436
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 401
-
10 058
-
health
481
-
2 012
-
income
5 907
-
39 732
-
total
9 132
-
53 238
-
Employer
34 311
-
188 430
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

5 834
-
24 430
-
other
1 716
-
7 184
-
health
481
-
2 012
-
unemployment
343
-
1 436
-
accident
274
-
1 508
-
total
8 648
-
36 570
-
Corporate
182 042
225 000
-
-
income
38 229
47 249
-
-
total
38 229
47 249
-
-
Dividends
143 813
177 751
-
-
withholding
10 067
12 442
-
-
total
10 067
12 442
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 076
59 691
89 808
87 978
After tax
158 924
165 309
135 192
137 022
Living cost
25 180
25 180
25 180
25 180
Free-cash
133 744
140 129
110 012
111 842

Estimated living cost  is ₽25180 per week

₽17791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽86235
₽62740
₽78800
₽82760
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
70 925
pensions
-
-
-
9 555
total
-
-
-
80 480
Employee
87 381
-
195 972
-
pensions
8 430
-
11 298
-
health
1 440
-
2 599
-
income
15 751
-
57 577
-
total
25 621
-
71 474
-
Employer
87 381
-
195 972
-
pensions
10 317
-
25 302
-
health
1 660
-
3 724
-
total
11 977
-
29 026
-
Corporate
125 642
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

23 872
42 749
-
-
total
23 872
42 749
-
-
Dividends
101 770
182 251
-
-
withholding
15 535
41 691
-
-
total
15 535
41 691
-
-
Income
225 000
225 000
225 000
225 000
Total tax
77 005
84 440
100 500
80 480
After tax
147 995
140 560
124 500
144 520
Living cost
61 760
61 760
61 760
61 760
Free-cash
86 235
78 800
62 740
82 760

Estimated living cost  is ₽61760 per week

₽46278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽175699
₽179645
₽180062
₽170179
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
3 772
income
-
-
-
33 750
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
42 508
Employee
16 304
-
218 564
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 432
-
2 880
-
health
750
-
1 509
-
income
1 630
-
21 856
-
total
3 992
-
26 606
-
Employer
16 304
-
218 564
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 797
-
3 615
-
health
1 125
-
2 263
-
unemployment
97
-
197
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
total
3 199
-
6 436
-
Corporate
205 497
225 000
-
-
income
20 550
22 500
-
-
total
20 550
22 500
-
-
Dividends
184 947
202 500
-
-
withholding
9 247
10 125
-
-
total
9 247
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
36 988
32 625
33 042
42 508
After tax
188 012
192 375
191 958
182 492
Living cost
12 313
12 313
12 313
12 313
Free-cash
175 699
180 062
179 645
170 179

Estimated living cost  is ₽12313 per week

₽7189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽62246
₽91476
₽59868
₽67744
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
11 653
income
-
-
-
82 131
pensions
-
-
-
11 072
total
-
-
-
104 856
Employee
87 611
80 697
207 438
-
pensions
11 072
11 072
11 072
-
health
10 930
10 535
11 653
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

13 209
13 209
40 838
-
total
35 211
34 816
63 563
-
Employer
87 611
80 697
207 438
-
pensions
6 097
5 617
6 981
-
health
6 088
5 609
6 970
-
unemployment
3 154
2 905
3 610
-
total
15 339
14 131
17 561
-
Corporate
122 049
130 172
-
-
income
24 410
26 035
-
-
total
24 410
26 035
-
-
Dividends
97 639
104 137
-
-
income
20 748
22 129
-
-
withholding
14 646
15 621
-
-
total
35 394
37 750
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 354
112 732
81 124
104 856
After tax
114 646
112 268
143 876
120 144
Living cost
52 400
52 400
52 400
52 400
Free-cash
62 246
59 868
91 476
67 744

Estimated living cost  is ₽52400 per week

₽38654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽123246
₽100354
₽131573
₽110322
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
33 585
health
-
-
-
30 375
income
-
-
-
24 156
solidarity contribution
-
-
-
3 222
total
-
-
-
91 338
Employee
34 323
-
180 042
-
solidarity contribution
-
-
2 327
-
health
4 634
-
24 306
-
social contributions
2 231
-
7 476
-
income
4 119
-
22 239
-
total
10 984
-
56 348
-
Employer
34 323
-
180 042
-
health
3 089
-
16 204
-
social contributions
8 581
-
28 754
-
total
11 670
-
44 958
-
Corporate
179 007
225 000
-
-
income
34 011
42 750
-
-
total
34 011
42 750
-
-
Dividends
144 996
182 250
-
-
withholding
21 749
27 337
-
-
total
21 749
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 414
70 087
101 306
91 338
After tax
146 586
154 913
123 694
133 662
Living cost
23 340
23 340
23 340
23 340
Free-cash
123 246
131 573
100 354
110 322

Estimated living cost  is ₽23340 per week

₽16212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽75238
₽61326
₽80172
₽69338
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
47 296
municipal
-
-
-
1 422
regional
-
-
-
2 904
national
-
-
-
64 165
total
-
-
-
115 787
Employee
83 984
-
225 000
-
regional
792
-
2 649
-
municipal
445
-
1 304
-
national
14 552
-
57 840
-
social contributions
28 319
-
62 006
-
total
44 108
-
123 799
-
Employer
83 984
-
225 000
-
total
-
-
-
-
Corporate
141 016
225 000
-
-
municipal
5 500
8 774
-
-
nationa
33 844
54 001
-
-
total
39 344
62 775
-
-
Dividends
101 672
162 225
-
-
withholding
26 435
42 178
-
-
total
26 435
42 178
-
-
Income
225 000
225 000
225 000
225 000
Total tax
109 887
104 953
123 799
115 787
After tax
115 113
120 047
101 201
109 213
Living cost
39 875
39 875
39 875
39 875
Free-cash
75 238
80 172
61 326
69 338

Estimated living cost  is ₽39875 per week

₽27796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽117732
₽79071
₽120673
₽84849
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
8 954
income
-
-
-
72 502
surtax
-
-
-
12 404
pensions
-
-
-
25 224
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
119 299
Employee
31 250
-
198 452
-
unemployment
2 175
-
8 778
-
pensions
2 084
-
8 412
-
health
798
-
3 215
-
income
5 238
-
66 851
-
other
-
-
-
-
surtax
102
-
11 274
-
total
10 397
-
98 530
-
Employer
31 250
-
198 452
-
pensions
4 166
-
16 812
-
other
-
-
-
-
health
1 422
-
5 738
-
unemployment
990
-
3 997
-
total
6 578
-
26 547
-
Corporate
187 172
225 000
-
-
income
48 664
58 500
-
-
total
48 664
58 500
-
-
Dividends
138 508
166 500
-
-
withholding
20 777
24 975
-
-
total
20 777
24 975
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 416
83 475
125 077
119 299
After tax
138 584
141 525
99 923
105 701
Living cost
20 852
20 852
20 852
20 852
Free-cash
117 732
120 673
79 071
84 849

Estimated living cost  is ₽20852 per week

₽12750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽104470
₽82307
₽98367
₽102327
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
70 925
pensions
-
-
-
9 555
total
-
-
-
80 480
Employee
58 560
-
195 972
-
pensions
4 970
-
11 298
-
health
850
-
2 599
-
income
10 547
-
57 577
-
total
16 367
-
71 474
-
Employer
58 560
-
195 972
-
pensions
6 339
-
25 302
-
health
1 112
-
3 724
-
total
7 451
-
29 026
-
Corporate
158 988
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

30 207
42 749
-
-
total
30 207
42 749
-
-
Dividends
128 781
182 251
-
-
withholding
24 312
41 691
-
-
total
24 312
41 691
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 337
84 440
100 500
80 480
After tax
146 663
140 560
124 500
144 520
Living cost
42 193
42 193
42 193
42 193
Free-cash
104 470
98 367
82 307
102 327

Estimated living cost  is ₽42193 per week

₽31611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽60114
₽95438
₽28128
₽103411
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
507
pensions
-
-
-
20 700
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 501
regional
-
-
-
12 744
city
-
-
-
2 371
national
-
-
-
6 007
total
-
-
-
46 830
Employee
87 487
-
202 646
-
unemployment
-
-
-
-
pensions
7 350
-
15 616
-
regional
2 865
-
11 400
-
national
414
-
5 013
-
health
198
-
455
-
city
939
-
2 195
-
total
11 766
-
34 679
-
Employer
87 487
-
202 646
-
pensions
7 350
-
15 616
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 749
-
4 053
-
health
198
-
455
-
unemployment
-
-
-
-
total
9 297
-
20 124
-
Corporate
127 254
225 000
-
-
regional
26 914
47 587
-
-
national
10 816
19 126
-
-
total
37 730
66 713
-
-
Dividends
89 525
158 287
-
-
withholding
31 334
55 400
-
-
total
31 334
55 400
-
-
Income
225 000
225 000
225 000
225 000
Total tax
90 127
122 113
54 803
46 830
After tax
134 873
102 887
170 197
178 170
Living cost
74 759
74 759
74 759
74 759
Free-cash
60 114
28 128
95 438
103 411

Estimated living cost  is ₽74759 per week

₽48614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽918
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽83104
₽95030
₽67781
₽63978
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 456
trade
-
-
-
31 052
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 042
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 182
total
-
-
-
117 732
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

56 791
-
225 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 456
-
6 456
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

6 678
-
76 042
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

368
-
4 182
-
total
13 502
-
86 680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 209
225 000
-
-
income
25 231
33 749
-
-
chamber of commerce
380
461
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 388
1 856
-
-
trade
28 848
38 588
-
-
total
55 847
74 654
-
-
Dividends
112 361
150 346
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 526
2 048
-
-
withholding
27 731
37 227
-
-
total
29 257
39 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 606
113 929
86 680
117 732
After tax
126 394
111 071
138 320
107 268
Living cost
43 290
43 290
43 290
43 290
Free-cash
83 104
67 781
95 030
63 978

Estimated living cost  is ₽43290 per week

₽31617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽86650
₽82334
₽81070
₽89715
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
6 411
health
-
-
-
11 341
income
-
-
-
43 685
surtax
-
-
-
-
pensions
-
-
-
34 541
other
-
-
-
6 976
total
-
-
-
102 954
Employee
40 444
-
171 080
-
pensions
4 573
-
13 164
-
social contributions
1 153
-
4 876
-
income
2 387
-
38 374
-
surtax
-
-
-
-
total
8 113
-
56 414
-
Employer
40 444
-
171 080
-
pensions
6 644
-
21 936
-
other
1 395
-
7 213
-
health
2 832
-
17 330
-
unemployment
1 637
-
6 929
-
social contributions
122
-
513
-
total
12 630
-
53 921
-
Corporate
171 926
225 000
-
-
income
48 139
62 999
-
-
surtax
-
-
-
-
total
48 139
62 999
-
-
Dividends
123 788
162 001
-
-
surtax
-
-
-
-
social contributions
21 292
27 864
-
-
withholding
15 845
20 736
-
-
total
37 137
48 600
-
-
Income
225 000
225 000
225 000
225 000
Total tax
106 019
111 599
110 335
102 954
After tax
118 981
113 401
114 665
122 046
Living cost
32 331
32 331
32 331
32 331
Free-cash
86 650
81 070
82 334
89 715

Estimated living cost  is ₽32331 per week

₽20386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽89522
₽85537
₽84273
₽92918
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
6 411
health
-
-
-
11 341
income
-
-
-
43 685
surtax
-
-
-
-
pensions
-
-
-
34 541
other
-
-
-
6 976
total
-
-
-
102 954
Employee
36 102
-
171 080
-
pensions
4 083
-
13 164
-
social contributions
1 029
-
4 876
-
income
1 861
-
38 374
-
surtax
-
-
-
-
total
6 973
-
56 414
-
Employer
36 102
-
171 080
-
pensions
5 932
-
21 936
-
other
1 246
-
7 213
-
health
2 527
-
17 330
-
unemployment
1 462
-
6 929
-
social contributions
108
-
513
-
total
11 275
-
53 921
-
Corporate
177 624
225 000
-
-
income
49 735
62 999
-
-
surtax
-
-
-
-
total
49 735
62 999
-
-
Dividends
127 889
162 001
-
-
surtax
-
-
-
-
social contributions
21 998
27 864
-
-
withholding
16 369
20 736
-
-
total
38 367
48 600
-
-
Income
225 000
225 000
225 000
225 000
Total tax
106 350
111 599
110 335
102 954
After tax
118 650
113 401
114 665
122 046
Living cost
29 128
29 128
29 128
29 128
Free-cash
89 522
84 273
85 537
92 918

Estimated living cost  is ₽29128 per week

₽16893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽117723
₽118096
₽117233
₽124457
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
31 051
health
-
-
-
15 705
income
-
-
-
33 749
total
-
-
-
80 505
Employee
32 040
-
225 000
-
health
2 236
-
15 705
-
social contributions
4 422
-
31 051
-
income
5 344
-
40 110
-
total
12 002
-
86 866
-
Employer
32 040
-
225 000
-
total
-
-
-
-
Corporate
192 960
225 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

9 648
11 249
-
-
total
9 648
11 249
-
-
Dividends
183 312
213 751
-
-
health
12 795
14 920
-
-
social contributions
25 298
29 498
-
-
withholding
27 496
32 062
-
-
total
65 589
76 480
-
-
Income
225 000
225 000
225 000
225 000
Total tax
87 239
87 729
86 866
80 505
After tax
137 761
137 271
138 134
144 495
Living cost
20 038
20 038
20 038
20 038
Free-cash
117 723
117 233
118 096
124 457

Estimated living cost  is ₽20038 per week

₽13410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽89174
₽25438
₽90632
₽81765
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
8 445
surtax
-
-
-
187
income
-
-
-
74 186
chamber of commerce
-
-
-
900
pensions
-
-
-
20 424
unemployment
-
-
-
5 796
total
-
-
-
109 938
Employee
47 226
37 659
187 420
-
unemployment
1 417
1 130
3 312
-
pensions
4 836
3 856
11 305
-
health
1 827
1 458
4 272
-
income
5 376
2 778
62 732
-
other
472
377
1 105
-
total
13 928
9 599
82 726
-
Employer
47 226
37 659
187 420
-
chamber of commerce
188
151
750
-
pensions
5 927
4 727
13 855
-
other
2 243
1 788
8 247
-
health
1 784
1 424
4 173
-
unemployment
1 417
1 130
3 312
-
accident
613
490
1 435
-
surtax
187
187
187
-
payroll
1 417
1 130
5 622
-
total
13 776
11 027
37 581
-
Corporate
163 998
176 316
183 834
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

41 000
44 079
45 958
-
total
41 000
44 079
45 958
-
Dividends
122 999
132 238
-
-
withholding
33 825
36 366
-
-
total
33 825
36 366
-
-
Income
225 000
225 000
225 000
225 000
Total tax
102 529
101 071
166 265
109 938
After tax
122 471
123 929
58 735
115 062
Living cost
33 297
33 297
33 297
33 297
Free-cash
89 174
90 632
25 438
81 765

Estimated living cost  is ₽33297 per week

₽22208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽77085
₽41492
₽88324
₽63468
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
23 560
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
12 087
national
-
-
-
91 430
total
-
-
-
127 077
Employee

The minimum management director salary is set at €45,000 per year.

67 595
-
174 268
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

588
-
1 515
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 070
-
13 069
-
national
20 781
-
66 455
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 176
-
8 192
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

3 526
-
9 090
-
total
33 141
-
98 321
-
Employer

The minimum management director salary is set at €45,000 per year.

67 595
-
174 268
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 990
-
15 440
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 157
-
10 718
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

986
-
2 545
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

879
-
2 267
-
surtax
7 664
-
19 762
-
total
19 676
-
50 732
-
Corporate
137 729
225 000
-
-
income
27 546
49 111
-
-
surtax
551
983
-
-
total
28 097
50 094
-
-
Dividends
109 632
174 907
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

32 546
52 127
-
-
total
32 546
52 127
-
-
Income
225 000
225 000
225 000
225 000
Total tax
113 460
102 221
149 053
127 077
After tax
111 540
122 779
75 947
97 923
Living cost
34 455
34 455
34 455
34 455
Free-cash
77 085
88 324
41 492
63 468

Estimated living cost  is ₽34455 per week

₽22194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽108669
₽87522
₽115145
₽91487
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
789
income
-
-
-
73 109
pensions
-
-
-
24 787
other
-
-
-
88
unemployment
-
-
-
613
total
-
-
-
99 386
Employee
47 039
-
197 077
-
unemployment
730
-
1 358
-
pensions
2 211
-
4 117
-
income
9 925
-
69 865
-
other
47
-
88
-
total
12 913
-
75 428
-
Employer
47 039
-
197 077
-
pensions
11 100
-
20 671
-
other
375
-
701
-
unemployment
2 588
-
4 817
-
accident
931
-
1 734
-
total
14 994
-
27 923
-
Corporate
162 968
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

24 446
33 749
-
-
total
24 446
33 749
-
-
Dividends
138 522
191 251
-
-
withholding
29 851
41 979
-
-
total
29 851
41 979
-
-
Income
225 000
225 000
225 000
225 000
Total tax
82 204
75 728
103 351
99 386
After tax
142 796
149 272
121 649
125 614
Living cost
34 127
34 127
34 127
34 127
Free-cash
108 669
115 145
87 522
91 487

Estimated living cost  is ₽34127 per week

₽25131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽61981
₽62304
₽74982
₽53352
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
1 895
health
-
-
-
15 795
income
-
-
-
43 524
surtax
-
-
-
11 158
pensions
-
-
-
33 701
communal
-
-
-
14 221
total
-
-
-
120 294
Employee
71 562
-
200 983
-
pensions
5 724
-
16 078
-
health
3 185
-
8 943
-
income
6 912
-
49 987
-
surtax
4 386
-
12 318
-
total
20 207
-
87 326
-
Employer
71 562
-
200 983
-
pensions
5 724
-
16 078
-
health
2 182
-
6 129
-
accident
644
-
1 809
-
total
8 550
-
24 016
-
Corporate
144 887
225 000
-
-
income
21 733
33 749
-
-
communal
9 781
15 187
-
-
surtax
1 521
2 362
-
-
total
33 035
51 298
-
-
Dividends
111 853
173 702
-
-
income
33 095
21 312
-
-
withholding
16 778
26 054
-
-
total
49 873
47 366
-
-
Income
225 000
225 000
225 000
225 000
Total tax
111 665
98 664
111 342
120 294
After tax
113 335
126 336
113 658
104 706
Living cost
51 354
51 354
51 354
51 354
Free-cash
61 981
74 982
62 304
53 352

Estimated living cost  is ₽51354 per week

₽38523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽117294
₽78698
₽120300
₽84476
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
8 954
income
-
-
-
72 502
surtax
-
-
-
12 404
pensions
-
-
-
25 224
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
119 299
Employee
31 824
-
198 452
-
unemployment
2 215
-
8 778
-
pensions
2 123
-
8 412
-
health
812
-
3 215
-
income
5 335
-
66 851
-
other
-
-
-
-
surtax
113
-
11 274
-
total
10 598
-
98 530
-
Employer
31 824
-
198 452
-
pensions
4 243
-
16 812
-
other
-
-
-
-
health
1 447
-
5 738
-
unemployment
1 010
-
3 997
-
total
6 700
-
26 547
-
Corporate
186 477
225 000
-
-
income
48 485
58 500
-
-
total
48 485
58 500
-
-
Dividends
137 992
166 500
-
-
withholding
20 698
24 975
-
-
total
20 698
24 975
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 481
83 475
125 077
119 299
After tax
138 519
141 525
99 923
105 701
Living cost
21 225
21 225
21 225
21 225
Free-cash
117 294
120 300
78 698
84 476

Estimated living cost  is ₽21225 per week

₽12815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽90711
₽75085
₽92808
₽83054
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
47 296
municipal
-
-
-
1 422
regional
-
-
-
3 607
national
-
-
-
64 165
total
-
-
-
116 490
Employee
52 419
-
225 000
-
regional
706
-
3 309
-
municipal
278
-
1 304
-
national
8 305
-
57 840
-
social contributions
17 676
-
62 006
-
total
26 965
-
124 459
-
Employer
52 419
-
225 000
-
total
-
-
-
-
Corporate
172 581
225 000
-
-
municipal
8 577
11 183
-
-
nationa
41 419
54 001
-
-
total
49 996
65 184
-
-
Dividends
122 584
159 816
-
-
withholding
31 872
41 552
-
-
total
31 872
41 552
-
-
Income
225 000
225 000
225 000
225 000
Total tax
108 833
106 736
124 459
116 490
After tax
116 167
118 264
100 541
108 510
Living cost
25 456
25 456
25 456
25 456
Free-cash
90 711
92 808
75 085
83 054

Estimated living cost  is ₽25456 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽115891
₽94933
₽126152
₽104901
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
33 585
health
-
-
-
30 375
income
-
-
-
24 156
solidarity contribution
-
-
-
3 222
total
-
-
-
91 338
Employee
42 295
-
180 042
-
solidarity contribution
-
-
2 327
-
health
5 710
-
24 306
-
social contributions
2 749
-
7 476
-
income
5 075
-
22 239
-
total
13 534
-
56 348
-
Employer
42 295
-
180 042
-
health
3 807
-
16 204
-
social contributions
10 574
-
28 754
-
total
14 381
-
44 958
-
Corporate
168 325
225 000
-
-
income
31 982
42 750
-
-
total
31 982
42 750
-
-
Dividends
136 343
182 250
-
-
withholding
20 451
27 337
-
-
total
20 451
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 348
70 087
101 306
91 338
After tax
144 652
154 913
123 694
133 662
Living cost
28 761
28 761
28 761
28 761
Free-cash
115 891
126 152
94 933
104 901

Estimated living cost  is ₽28761 per week

₽21388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽93420
₽28633
₽93885
₽85101
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
8 445
surtax
-
-
-
-
income
-
-
-
74 186
chamber of commerce
-
-
-
900
pensions
-
-
-
20 424
unemployment
-
-
-
5 796
total
-
-
-
109 751
Employee
41 308
37 659
187 594
-
unemployment
1 239
1 130
3 312
-
pensions
4 230
3 856
11 305
-
health
1 598
1 458
4 272
-
income
3 680
2 778
62 818
-
other
412
377
1 105
-
total
11 159
9 599
82 812
-
Employer
41 308
37 659
187 594
-
chamber of commerce
165
151
750
-
pensions
5 184
4 727
13 855
-
other
1 962
1 788
8 254
-
health
1 562
1 424
4 173
-
unemployment
1 239
1 130
3 312
-
accident
536
490
1 435
-
surtax
-
-
-
-
payroll
1 239
1 130
5 627
-
total
11 887
10 840
37 406
-
Corporate
171 805
176 503
184 008
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

42 951
44 125
46 001
-
total
42 951
44 125
46 001
-
Dividends
128 854
132 377
-
-
withholding
35 435
36 403
-
-
total
35 435
36 403
-
-
Income
225 000
225 000
225 000
225 000
Total tax
101 432
100 967
166 219
109 751
After tax
123 568
124 033
58 781
115 249
Living cost
30 148
30 148
30 148
30 148
Free-cash
93 420
93 885
28 633
85 101

Estimated living cost  is ₽30148 per week

₽18085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽199414
₽167927
₽201677
₽210677
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
225 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 250
total
-
-
-
2 250
Employee
15 092
-
225 000
-
income
3 018
-
45 000
-
total
3 018
-
45 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

209 908
225 000
-
-
total
-
-
-
-
Dividends
209 908
225 000
-
-
withholding
10 495
11 250
-
-
total
10 495
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
13 513
11 250
45 000
2 250
After tax
211 487
213 750
180 000
222 750
Living cost
12 073
12 073
12 073
12 073
Free-cash
199 414
201 677
167 927
210 677

Estimated living cost  is ₽12073 per week

₽8170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽121662
₽72916
₽129567
₽77804
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
225 000
health
-
-
-
22 140
income
-
-
-
58 282
pensions
-
-
-
41 091
unemployment
-
-
-
337
total
-
-
-
121 850
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 787
-
194 687
-
unemployment
59
-
273
-
pensions
6 477
-
30 177
-
health
2 699
-
12 578
-
income
7 206
-
53 396
-
total
16 441
-
96 424
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 787
-
194 687
-
pensions
3 698
-
17 230
-
health
2 783
-
12 967
-
unemployment
25
-
117
-
total
6 506
-
30 314
-
Corporate
176 707
225 000
-
-
income
33 574
42 750
-
-
total
33 574
42 750
-
-
Dividends
143 133
182 250
-
-
withholding
21 471
27 337
-
-
total
21 471
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
77 992
70 087
126 738
121 850
After tax
147 008
154 913
98 262
103 150
Living cost
25 346
25 346
25 346
25 346
Free-cash
121 662
129 567
72 916
77 804

Estimated living cost  is ₽25346 per week

₽17395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽51013
₽171698
₽96042
₽114645
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
25 650
income
-
-
-
43 857
total
-
-
-
69 507
Employee
58 570
-
-
-
social contributions
4 803
-
684
-
income
12 919
-
-
-
total
17 722
-
684
-
Employer
58 570
-
-
-
social contributions
82 583
-
11 770
-
total
82 583
-
11 770
-
Corporate
83 847
225 000
-
-
income
18 446
49 500
-
-
total
18 446
49 500
-
-
Dividends
65 401
175 500
-
-
income
14 388
38 610
-
-
total
14 388
38 610
-
-
Income
225 000
225 000
225 000
225 000
Total tax
133 139
88 110
12 454
69 507
After tax
91 861
136 890
212 546
155 493
Living cost
40 848
40 848
40 848
40 848
Free-cash
51 013
96 042
171 698
114 645

Estimated living cost  is ₽40848 per week

₽26504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽97387
₽69066
₽98339
₽87100
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
225 000
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
78 187
income
-
-
-
30 072
surtax
-
-
-
-
total
-
-
-
108 259
Employee
43 462
-
181 818
-
social contributions
4 781
-
20 000
-
income
9 040
-
62 652
-
surtax
-
-
459
-
total
13 821
-
83 111
-
Employer
43 462
-
181 818
-
social contributions
10 322
-
43 182
-
total
10 322
-
43 182
-
Corporate
171 216
225 000
-
-
income
35 955
47 249
-
-
surtax
-
-
-
-
total
35 955
47 249
-
-
Dividends
135 261
177 751
-
-
withholding
37 874
49 771
-
-
total
37 874
49 771
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 972
97 020
126 293
108 259
After tax
127 028
127 980
98 707
116 741
Living cost
29 641
29 641
29 641
29 641
Free-cash
97 387
98 339
69 066
87 100

Estimated living cost  is ₽29641 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽74253
₽69024
₽67760
₽76405
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
6 411
health
-
-
-
11 341
income
-
-
-
43 685
surtax
-
-
-
-
pensions
-
-
-
34 541
other
-
-
-
6 976
total
-
-
-
102 954
Employee
59 186
-
171 080
-
pensions
6 694
-
13 164
-
social contributions
1 686
-
4 876
-
income
5 164
-
38 374
-
surtax
-
-
-
-
total
13 544
-
56 414
-
Employer
59 186
-
171 080
-
pensions
9 725
-
21 936
-
other
2 043
-
7 213
-
health
4 142
-
17 330
-
unemployment
2 398
-
6 929
-
social contributions
178
-
513
-
total
18 486
-
53 921
-
Corporate
147 329
225 000
-
-
income
41 252
62 999
-
-
surtax
-
-
-
-
total
41 252
62 999
-
-
Dividends
106 077
162 001
-
-
surtax
-
-
-
-
social contributions
18 245
27 864
-
-
withholding
13 579
20 736
-
-
total
31 824
48 600
-
-
Income
225 000
225 000
225 000
225 000
Total tax
105 106
111 599
110 335
102 954
After tax
119 894
113 401
114 665
122 046
Living cost
45 641
45 641
45 641
45 641
Free-cash
74 253
67 760
69 024
76 405

Estimated living cost  is ₽45641 per week

₽30889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽170920
₽141261
₽174094
₽135282
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
49 500
income
-
-
-
11 812
total
-
-
-
61 312
Employee
30 380
-
194 805
-
social contributions
1 974
-
12 662
-
income
-
-
12 476
-
total
1 974
-
25 138
-
Employer
30 380
-
194 805
-
social contributions
4 709
-
30 195
-
total
4 709
-
30 195
-
Corporate
189 911
225 000
-
-
income
18 991
22 500
-
-
total
18 991
22 500
-
-
Dividends
170 920
202 500
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
25 674
22 500
55 333
61 312
After tax
199 326
202 500
169 667
163 688
Living cost
28 406
28 406
28 406
28 406
Free-cash
170 920
174 094
141 261
135 282

Estimated living cost  is ₽28406 per week

₽18367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽11163
₽20398
₽20398
₽84031
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
municipal
-
-
-
48 638
pensions
-
-
-
814
labour market
-
-
-
17 935
national
-
-
-
28 356
total
-
-
-
95 743
Employee
190 887
190 887
190 887
-
pensions
271
271
271
-
municipal
40 648
40 648
40 648
-
national
23 320
23 320
23 320
-
labour market
15 249
15 249
15 249
-
total
79 488
79 488
79 488
-
Employer
190 887
190 887
190 887
-
municipal
40 713
40 713
40 713
-
pensions
543
543
543
-
national
23 361
23 361
23 361
-
labour market
15 271
15 271
15 271
-
total
79 888
79 888
79 888
-
Corporate
20 398
-
-
-
income
4 487
-
-
-
total
4 487
-
-
-
Dividends
15 910
-
-
-
withholding
4 748
-
-
-
total
4 748
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
168 611
159 376
159 376
95 743
After tax
56 389
65 624
65 624
129 257
Living cost
45 226
45 226
45 226
45 226
Free-cash
11 163
20 398
20 398
84 031

Estimated living cost  is ₽45226 per week

₽30953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽696
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽15061
₽103608
-₽2399
₽132980
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
240
health
-
-
-
2 075
income
-
-
-
64 769
pensions
-
-
-
3 959
other
-
-
-
353
total
-
-
-
71 396
Employee
32 443
-
206 029
-
pensions
3 653
-
7 259
-
health
3 715
-
23 590
-
income
4 451
-
50 947
-
total
11 819
-
81 796
-
Employer
32 443
-
206 029
-
pensions
5 275
-
10 483
-
unemployment
795
-
5 048
-
accident
542
-
3 441
-
total
6 612
-
18 972
-
Corporate
185 946
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

167 351
202 500
-
-
total
167 351
202 500
-
-
Dividends
18 595
22 500
-
-
withholding
3 533
4 275
-
-
total
3 533
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
189 315
206 775
100 768
71 396
After tax
35 685
18 225
124 232
153 604
Living cost
20 624
20 624
20 624
20 624
Free-cash
15 061
-2 399
103 608
132 980

Estimated living cost  is ₽20624 per week

₽15012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽103992
₽74562
₽101072
₽100336
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
225 000
health
-
-
-
3 070
municipal
-
-
-
39 947
national
-
-
-
45 367
total
-
-
-
88 384
Employee
49 717
-
189 282
-
unemployment
746
-
2 839
-
pensions
3 355
-
12 777
-
municipal
8 143
-
30 807
-
national
821
-
29 496
-
health
371
-
2 521
-
total
13 436
-
78 440
-
Employer
49 717
-
189 282
-
pensions
8 626
-
32 840
-
health
382
-
1 458
-
unemployment
323
-
1 230
-
accident
50
-
190
-
total
9 381
-
35 718
-
Corporate
165 902
225 000
-
-
income
33 181
45 000
-
-
total
33 181
45 000
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

99 541
135 000
-
-
national
10 813
18 347
-
-
municipal
17 917
24 301
-
-
total
28 730
42 648
-
-
Income
225 000
225 000
225 000
225 000
Total tax
84 728
87 648
114 158
88 384
After tax
140 272
137 352
110 842
136 616
Living cost
36 280
36 280
36 280
36 280
Free-cash
103 992
101 072
74 562
100 336

Estimated living cost  is ₽36280 per week

₽23698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽136928
₽127156
₽142070
₽128978
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
15 289
health
-
-
-
5 737
income
-
-
-
53 117
total
-
-
-
74 143
Employee
72 664
72 664
212 926
-
health
563
1 236
3 621
-
social contributions
2 747
6 031
8 134
-
income
7 912
6 727
52 136
-
total
11 222
13 994
63 891
-
Employer
72 664
72 664
212 926
-
health
612
1 345
3 940
-
social contributions
2 747
6 031
8 134
-
total
3 359
7 376
12 074
-
Corporate
188 540
144 960
-
-
income
23 567
18 119
-
-
total
23 567
18 119
-
-
Dividends
164 973
126 841
-
-
withholding
28 045
21 562
-
-
total
28 045
21 562
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 193
61 051
75 965
74 143
After tax
158 807
163 949
149 035
150 857
Living cost
21 879
21 879
21 879
21 879
Free-cash
136 928
142 070
127 156
128 978

Estimated living cost  is ₽21879 per week

₽13112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽166510
₽158209
₽171319
₽177164
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
225 000
health
-
-
-
3 420
income
-
-
-
23 375
pensions
-
-
-
6 011
unemployment
-
-
-
27
total
-
-
-
32 833
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

21 690
-
215 765
-
unemployment
108
-
448
-
pensions
3 253
-
13 450
-
health
1 843
-
7 621
-
income
1 483
-
21 033
-
total
6 687
-
42 552
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

21 690
-
215 765
-
pensions
1 193
-
4 932
-
health
933
-
3 856
-
unemployment
108
-
448
-
total
2 234
-
9 236
-
Corporate
201 077
225 000
-
-
income
18 098
20 250
-
-
total
18 098
20 250
-
-
Dividends
182 979
204 750
-
-
withholding
16 468
18 428
-
-
total
16 468
18 428
-
-
Income
225 000
225 000
225 000
225 000
Total tax
43 487
38 678
51 788
32 833
After tax
181 513
186 322
173 212
192 167
Living cost
15 003
15 003
15 003
15 003
Free-cash
166 510
171 319
158 209
177 164

Estimated living cost  is ₽15003 per week

₽9572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽119113
₽95663
₽123286
₽99628
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
789
income
-
-
-
73 109
pensions
-
-
-
24 787
other
-
-
-
88
unemployment
-
-
-
613
total
-
-
-
99 386
Employee
34 941
-
197 077
-
unemployment
542
-
1 358
-
pensions
1 643
-
4 117
-
income
6 736
-
69 865
-
other
34
-
88
-
total
8 955
-
75 428
-
Employer
34 941
-
197 077
-
pensions
8 245
-
20 671
-
other
280
-
701
-
unemployment
1 922
-
4 817
-
accident
692
-
1 734
-
total
11 139
-
27 923
-
Corporate
178 919
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

26 838
33 749
-
-
total
26 838
33 749
-
-
Dividends
152 081
191 251
-
-
withholding
32 969
41 979
-
-
total
32 969
41 979
-
-
Income
225 000
225 000
225 000
225 000
Total tax
79 901
75 728
103 351
99 386
After tax
145 099
149 272
121 649
125 614
Living cost
25 986
25 986
25 986
25 986
Free-cash
119 113
123 286
95 663
99 628

Estimated living cost  is ₽25986 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽138259
₽143197
₽138559
₽143327
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
974
income
-
-
-
77 515
pensions
-
-
-
1 343
total
-
-
-
79 832
Employee
2 804
-
223 489
-
unemployment
28
-
67
-
pensions
252
-
604
-
health
140
-
336
-
income
542
-
77 444
-
total
962
-
78 451
-
Employer
2 804
-
223 489
-
pensions
308
-
739
-
health
266
-
638
-
unemployment
56
-
134
-
total
630
-
1 511
-
Corporate
221 565
225 000
-
-
income
48 744
49 500
-
-
total
48 744
49 500
-
-
Dividends
172 820
175 500
-
-
withholding
34 564
35 100
-
-
total
34 564
35 100
-
-
Income
225 000
225 000
225 000
225 000
Total tax
84 900
84 600
79 962
79 832
After tax
140 100
140 400
145 038
145 168
Living cost
1 841
1 841
1 841
1 841
Free-cash
138 259
138 559
143 197
143 327

Estimated living cost  is ₽1841 per week

₽1094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽141578
₽129971
₽146226
₽129971
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
225 000
health
-
-
-
7 191
income
-
-
-
52 304
pensions
-
-
-
18 151
unemployment
-
-
-
1 047
total
-
-
-
78 693
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

24 634
-
212 504
-
unemployment
185
-
524
-
pensions
3 449
-
9 774
-
health
1 269
-
3 595
-
income
3 396
-
52 304
-
total
8 299
-
66 197
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

24 634
-
212 504
-
pensions
2 956
-
8 377
-
health
1 269
-
3 595
-
unemployment
185
-
524
-
total
4 410
-
12 496
-
Corporate
195 956
225 000
-
-
income
29 393
33 750
-
-
total
29 393
33 750
-
-
Dividends
166 563
191 250
-
-
withholding
24 984
28 688
-
-
total
24 984
28 688
-
-
Income
225 000
225 000
225 000
225 000
Total tax
67 086
62 438
78 693
78 693
After tax
157 914
162 562
146 307
146 307
Living cost
16 336
16 336
16 336
16 336
Free-cash
141 578
146 226
129 971
129 971

Estimated living cost  is ₽16336 per week

₽10999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽102165
₽73231
₽102504
₽91265
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
225 000
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
78 187
income
-
-
-
30 072
surtax
-
-
-
-
total
-
-
-
108 259
Employee
36 677
-
181 818
-
social contributions
4 035
-
20 000
-
income
7 166
-
62 652
-
surtax
-
-
459
-
total
11 201
-
83 111
-
Employer
36 677
-
181 818
-
social contributions
8 710
-
43 182
-
total
8 710
-
43 182
-
Corporate
179 613
225 000
-
-
income
37 718
47 249
-
-
surtax
-
-
-
-
total
37 718
47 249
-
-
Dividends
141 895
177 751
-
-
withholding
39 730
49 771
-
-
total
39 730
49 771
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 359
97 020
126 293
108 259
After tax
127 641
127 980
98 707
116 741
Living cost
25 476
25 476
25 476
25 476
Free-cash
102 165
102 504
73 231
91 265

Estimated living cost  is ₽25476 per week

₽18044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽109876
₽88438
₽116061
₽92403
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
789
income
-
-
-
73 109
pensions
-
-
-
24 787
other
-
-
-
88
unemployment
-
-
-
613
total
-
-
-
99 386
Employee
45 638
-
197 077
-
unemployment
707
-
1 358
-
pensions
2 145
-
4 117
-
income
9 532
-
69 865
-
other
45
-
88
-
total
12 429
-
75 428
-
Employer
45 638
-
197 077
-
pensions
10 770
-
20 671
-
other
366
-
701
-
unemployment
2 511
-
4 817
-
accident
904
-
1 734
-
total
14 551
-
27 923
-
Corporate
164 811
225 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

24 722
33 749
-
-
total
24 722
33 749
-
-
Dividends
140 089
191 251
-
-
withholding
30 211
41 979
-
-
total
30 211
41 979
-
-
Income
225 000
225 000
225 000
225 000
Total tax
81 913
75 728
103 351
99 386
After tax
143 087
149 272
121 649
125 614
Living cost
33 211
33 211
33 211
33 211
Free-cash
109 876
116 061
88 438
92 403

Estimated living cost  is ₽33211 per week

₽23851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽170497
₽175803
₽176220
₽166337
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
health
-
-
-
3 772
income
-
-
-
33 750
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
42 508
Employee
21 392
-
218 564
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 878
-
2 880
-
health
984
-
1 509
-
income
2 140
-
21 856
-
total
5 237
-
26 606
-
Employer
21 392
-
218 564
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

2 357
-
3 615
-
health
1 476
-
2 263
-
unemployment
128
-
197
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
total
4 196
-
6 436
-
Corporate
199 411
225 000
-
-
income
19 941
22 500
-
-
total
19 941
22 500
-
-
Dividends
179 470
202 500
-
-
withholding
8 974
10 125
-
-
total
8 974
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
38 348
32 625
33 042
42 508
After tax
186 652
192 375
191 958
182 492
Living cost
16 155
16 155
16 155
16 155
Free-cash
170 497
176 220
175 803
166 337

Estimated living cost  is ₽16155 per week

₽10685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽91579
₽101837
₽79218
₽75854
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
225 000
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 456
trade
-
-
-
25 983
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
76 042
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 182
total
-
-
-
112 663
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

47 019
-
225 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 456
-
6 456
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 866
-
76 042
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

213
-
4 182
-
total
10 535
-
86 680
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 981
225 000
-
-
income
26 696
33 749
-
-
chamber of commerce
405
473
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 469
1 856
-
-
trade
25 540
32 288
-
-
total
54 110
68 366
-
-
Dividends
123 871
156 633
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 684
2 134
-
-
withholding
30 609
38 799
-
-
total
32 293
40 933
-
-
Income
225 000
225 000
225 000
225 000
Total tax
96 938
109 299
86 680
112 663
After tax
128 062
115 701
138 320
112 337
Living cost
36 483
36 483
36 483
36 483
Free-cash
91 579
79 218
101 837
75 854

Estimated living cost  is ₽36483 per week

₽25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽105756
₽57893
₽103669
₽57893
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
38 896
income
-
-
-
74 381
total
-
-
-
113 277
Employee
73 918
-
225 000
-
social contributions
6 141
-
38 896
-
income
13 948
-
74 381
-
total
20 089
-
113 277
-
Employer
73 918
-
225 000
-
total
-
-
-
-
Corporate
151 082
225 000
-
-
income
18 885
28 126
-
-
total
18 885
28 126
-
-
Dividends
132 197
196 874
-
-
withholding
26 440
39 375
-
-
total
26 440
39 375
-
-
Income
225 000
225 000
225 000
225 000
Total tax
65 414
67 501
113 277
113 277
After tax
159 586
157 499
111 723
111 723
Living cost
53 830
53 830
53 830
53 830
Free-cash
105 756
103 669
57 893
57 893

Estimated living cost  is ₽53830 per week

₽40953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽110257
₽122104
₽106955
₽151132
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
225 000
income
-
-
-
33 749
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
5 816
total
-
-
-
39 565
Employee
43 350
-
220 653
-
social contributions
4 343
-
4 347
-
income
4 704
-
59 899
-
total
9 047
-
64 246
-
Employer
43 350
-
220 653
-
social contributions
4 343
-
4 347
-
total
4 343
-
4 347
-
Corporate
177 307
225 000
-
-
income
62 058
78 750
-
-
total
62 058
78 750
-
-
Dividends
115 249
146 250
-
-
social contributions
4 992
4 992
-
-
total
4 992
4 992
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 440
83 742
68 593
39 565
After tax
144 560
141 258
156 407
185 435
Living cost
34 303
34 303
34 303
34 303
Free-cash
110 257
106 955
122 104
151 132

Estimated living cost  is ₽34303 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽111728
₽90199
₽106259
₽110219
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
income
-
-
-
70 925
pensions
-
-
-
9 555
total
-
-
-
80 480
Employee
47 083
-
195 972
-
pensions
3 594
-
11 298
-
health
614
-
2 599
-
income
8 574
-
57 577
-
total
12 782
-
71 474
-
Employer
47 083
-
195 972
-
pensions
4 757
-
25 302
-
health
895
-
3 724
-
total
5 652
-
29 026
-
Corporate
172 265
225 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

32 731
42 749
-
-
total
32 731
42 749
-
-
Dividends
139 534
182 251
-
-
withholding
27 806
41 691
-
-
total
27 806
41 691
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 971
84 440
100 500
80 480
After tax
146 029
140 560
124 500
144 520
Living cost
34 301
34 301
34 301
34 301
Free-cash
111 728
106 259
90 199
110 219

Estimated living cost  is ₽34301 per week

₽23530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽14749
₽101566
-₽4441
₽130938
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
accident
-
-
-
240
health
-
-
-
2 075
income
-
-
-
64 769
pensions
-
-
-
3 959
other
-
-
-
353
total
-
-
-
71 396
Employee
35 654
-
206 029
-
pensions
4 015
-
7 259
-
health
4 082
-
23 590
-
income
4 891
-
50 947
-
total
12 988
-
81 796
-
Employer
35 654
-
206 029
-
pensions
5 797
-
10 483
-
unemployment
873
-
5 048
-
accident
595
-
3 441
-
total
7 265
-
18 972
-
Corporate
182 080
225 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

163 872
202 500
-
-
total
163 872
202 500
-
-
Dividends
18 208
22 500
-
-
withholding
3 460
4 275
-
-
total
3 460
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
187 585
206 775
100 768
71 396
After tax
37 415
18 225
124 232
153 604
Living cost
22 666
22 666
22 666
22 666
Free-cash
14 749
-4 441
101 566
130 938

Estimated living cost  is ₽22666 per week

₽16634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽156521
₽153511
₽159376
₽132758
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
225 000
income
-
-
-
37 986
health insurance
-
-
-
11 169
pensions
-
-
-
27 772
unemployment
-
-
-
1 811
work injury
-
-
-
755
total
-
-
-
79 493
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

20 398
-
225 000
-
unemployment
245
-
906
-
pensions
3 753
-
13 886
-
work injury
102
-
377
-
income
2 040
-
37 986
-
health insurance
1 509
-
5 585
-
total
7 649
-
58 740
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 602
225 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

20 460
22 500
-
-
total
20 460
22 500
-
-
Dividends
184 142
202 500
-
-
withholding
27 621
30 375
-
-
total
27 621
30 375
-
-
Income
225 000
225 000
225 000
225 000
Total tax
55 730
52 875
58 740
79 493
After tax
169 270
172 125
166 260
145 507
Living cost
12 748
12 748
12 748
12 748
Free-cash
156 521
159 376
153 511
132 758

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽76571
₽60929
₽80867
₽68692
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
225 000
social contributions
-
-
-
47 296
municipal
-
-
-
1 600
regional
-
-
-
5 601
national
-
-
-
64 165
total
-
-
-
118 662
Employee
79 630
-
225 000
-
regional
1 202
-
5 112
-
municipal
475
-
1 467
-
national
13 457
-
57 840
-
social contributions
26 851
-
62 006
-
total
41 985
-
126 425
-
Employer
79 630
-
225 000
-
total
-
-
-
-
Corporate
145 370
225 000
-
-
municipal
7 006
10 846
-
-
nationa
34 888
54 001
-
-
total
41 894
64 847
-
-
Dividends
103 476
160 153
-
-
withholding
26 904
41 640
-
-
total
26 904
41 640
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 783
106 487
126 425
118 662
After tax
114 217
118 513
98 575
106 338
Living cost
37 646
37 646
37 646
37 646
Free-cash
76 571
80 867
60 929
68 692

Estimated living cost  is ₽37646 per week

₽26444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8043
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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